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Residential Land Lot Opportunity
For Sale
$250,000

1109 Stone Home Lot 3, Raleigh, NC 27603

Flat, lightly treed lot for new home construction.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market193

Property Features for 1109 Stone Home Lot 3

General Information

Standard status Active
Lot size 2.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $1.00
Listing Agency: COMPASS -- CARY
Listed By: LINDA TREVOR · License #190844
Source: Corcoran
Added: Jan 28 Changed: Aug 8 Last Checked: Jul 16 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS -- CARY

Investment Insights

Based on property information with market context.

This property presents an opportunity for building a new home. The flat lot is situated at the end of a quiet street and features light tree cover, offering added privacy. Access to Lot 3 from Lot 2 will be facilitated by a short easement to be recorded at a later time. The property is not currently part of a subdivision. Access the property by driving to the end of Irene Way (4200), where a sign for both lots will be visible. Updated Wake County soil calculations are in progress; contact the Listing Agent for the latest information.

Key Highlights

  • Opportunity to build a new, custom home.
  • Flat lot, simplifying construction.
  • Located at the end of a quiet street.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Auto Repair Shop Law Firm Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

69
Businesses Nearby

Demographics for 27603, NC

54,616
Population
24,030
Households
2.3
Avg Household Size
34
Median Age
48%
College-Educated
94%
High-School Grad
51.4 sq mi
ZIP Area
1,063
Density / Sq Mi
$87,939
Median Household Income
$51,856
Median Earnings
$1,496
Median Rent
$347,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, lightly treed lot for new home construction.
Where is this residential land & home lot located?
The property is located at 1109 Stone Home Lot 3 Raleigh, NC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Opportunity to build a new, custom home.; Flat lot, simplifying construction.; Located at the end of a quiet street.
More about this property
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